Time to start trading after a long wait; NEPSE lists FPO of Citizens Bank with more than 1.70 crore unit shares of 5 companies

Nepal Stock Exchange (NEPSE) has listed 1,70,03,084.45 unit shares of 5 different companies. It includes the right shares of 2 companies, bonus shares of 2 companies and FPO of Citizens Bank International. The shareholders holding those shares can now trade in the secondary market.

Nepal Stock Exchange has listed 12,78,139.70 unit shares of United Finance Limited (UFL). The finance company had issued 19% bonus shares for its shareholders from the net profit of FY 2073/74.

Similarly, 4,34,627.10 unit bonus shares of Manjushree Finance Limited (MFIL) has also been listed in the secondary market. The finance company had issued 5.71% bonus shares for its shareholders from the earnings of FY 2073/74.

Along with the bonus shares, 1,19,38,991.65 units right share of Kumari Bank Limited (KBL) has also been listed. The bank had issued 20% right shares for its shareholders.

Surya Life Insurance Company’s (SLICL) 28,87,500 unit right shares have also been listed in the secondary market. The life insurance company had issued 40% right share for its shareholders.

4,63,826 units FPO of Citizens Bank International (CZBIL) has also been listed in the secondary market. The bank had issued 4,63,826 unit shares from Shrawan 15 till Shrawan 18, 2075 at a rate of Rs 200 per share (Rs 100 premium added to the par value of Rs 100 per share).